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(I-AutoNewsWire.com, April 19, 2018 ) The continuously rising demand for BEVs is contributing to the rising growth of the automotive engine oil market. Several governments across the globe are taking strategic initiatives to promote the adoption of BEVs among the consumers owing passenger as well as commercial vehicles to curb carbon emissions. Other factors such as the rapid increase in collaboration among foreign and regional players, implementation of stringent emission norms, and increase in consumer awareness about harmful carbon emissions from vehicles are also contributing to the rapid adoption of automotive engine oil. Publisher’s market research analysis identifies the growing use of synthetic engine oil as one of the primary driving factors for the growth of this market during the next few years. Our market research analysts predict that in terms of volume, this market will grow at a CAGR of close to 5% by 2022
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Covered in this report The report covers the present scenario and the growth prospects of the Global Automotive Engine Oil market for the period 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Automotive Engine Oil Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - BP - Chevron - Exxon Mobil - Shell - Valvoline
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Market driver - Growing use of synthetic engine oil - For a full, detailed list, view our report
Market challenge - Continuously rising demand for BEVs - For a full, detailed list, view our report
Market trend - Growing demand for low viscosity engine oil - For a full, detailed list, view our report
Table of Contents
PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE PART 05: MARKET SIZING PART 06: FIVE FORCES ANALYSIS PART 07: MARKET SEGMENTATION PART 08: CUSTOMER LANDSCAPE PART 09: REGIONAL LANDSCAPE PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES PART 12: MARKET TRENDS PART 13: VENDOR LANDSCAPE PART 14: VENDOR ANALYSIS PART 15: APPENDIX
For More Information about This Report: http://www.reportsweb.com/global-automotive-engine-oil-market-2018-2022 .
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